mopay Strikes Carrier-Billing Accord with Telefónica
Oct. 3, 2013
Direct carrier billing provider mopay this week said it has partnered with Telefónica to enable Telefónica subscribers to charge digital purchases to their phone bill. Mopay noted that the popularity of carrier billing in Latin America and the high penetration rates of mobile phones (120 percent) vs. credit cards (50 percent) make the partnership extremely valuable.
“We are thrilled to have entered into a long-term agreement with one of the world’s fastest growing and most prominent carrier groups,” said Ingo Lippert, CEO of mopay. “The agreement will allow our merchant base to directly access Telefónica’s subscriber base, and it marks an important milestone in our growth strategy.”